Woolworths Group Limited (ASX: WOW)

Woolworths Group Limited is an Australia-based retailer. The Company’s segments include Australian Food, Australian B2B, New Zealand Food, BIG W and Other. The Australian Food segment is engaged in procurement of food, drinks and related products for resale and provision of services (including eCommerce) to retail and business customers in Australia.

The Australian B2B segment includes procurement and distribution of food and related products for resale to other businesses and provision of supply chain services to business customers in Australia. The New Zealand Food segment includes procurement of food, drinks and related products for resale and provision of services (including eCommerce) to retail and wholesale customers in New Zealand.

The BIG W segment includes procurement of discount general merchandise products for resale (including via eCommerce) to retail customers in Australia. The Other segment comprises Quantium and MyDeal as well as various support functions.

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REVENUE IN AUD (TTM)

65.76bn

NET INCOME IN AUD

-8.00m

Year on year Woolworths Group Ltd had net income fall -79.61% from 7.93bn to 1.62bn despite a 5.66% increase in revenues from 60.85bn to 64.29bn. An increase in the selling, general and administrative costs as a percentage of sales from 22.31% to 22.48% was a component in the falling net income despite rising revenues.